Crypto wipeouts just feel routine now

Watching these crypto pump and dumps play out honestly feels like déjà vu at this point. The Luna collapse was one for the history books - watching that altcoin nosedive from $130 to fractions of a cent was unreal, but even that can’t compete with the FTX disaster. FTX basically ran a huge pyramid scheme, and when it all came crashing down, about $20 billion just evaporated overnight. Every time someone chimes in with “just wait for Bitcoin to hit zero,” I have to laugh. There’s always going to be people convinced they’re the smart ones who can hodl forever, no matter how bad things get. Even if Bitcoin spent years stuck bouncing between $10 and $100, you’d still have diehards waiting for some miracle rebound as it slowly trickles down from $1 to absolute zero. And let’s be real, we’re probably never getting a real audit on stablecoins, so the “bubble pop” crowd is just going to keep waiting while the dreamers keep holding. Honestly, thinking about all that money just vanishing still stings.